Analysis Topic: Commodity Markets - Metals, Softs & Oils

The analysis published under this topic are as follows.

Monday, March 24, 2014

Inflection Points for Gold, Silver and the U.S. Dollar / Commodities / Gold and Silver 2014

By: Rambus_Chartology

As we all know last week was a tough week in the PM sector. The real question we have to ask is whether this was just a short term correction in the uptrend that started at the December low or is this the end of the three month rally? We’ll look at some charts to see if we can answer this question.

Lets start with the BPGDM chart that I showed you last week which was real close to giving a sell signal. We were just waiting for the 5 dma to cross below the 8 dma to confirm the sell signal. We got that last Friday so it’s officially on a sell signal now. The red circle shows the BPGDM is down to 36.67 with the 5 dma at 39.33 and the 8 dma now the highest at 40. This is the alignment we want to see for a sell signal.

Sunday, March 23, 2014

Gold Price is Likely to Keep Rallying / Commodities / Gold and Silver 2014

By: Investment_U

Steve McDonald writes: If you have followed me for any amount of time, you know I am all over anything that has to do with food: seed, fertilizers, chemicals, processors. You name it, I like it.

The newest name in this absolutely essential worldwide business is FMC Corp. (NYSE: FMC). They are about to split their company into two segments. The new company will be made up of their fast growing agricultural side. The remaining business will be the more cyclical lithium and soda ash operations.

Saturday, March 22, 2014

Gold and Silver Hunger Games / Commodities / Gold and Silver 2014

By: Jesse

Last night Nick Laird showed me some excellent original data analysis from his site, Sharelynx.com, that demonstrates that a decline in the price of gold during an FOMC week is no sure thing, but more normally distributed. And we have to balance that against a different, and much less statistically robust graph, that was on ZH, and which I also presented here, that clearly showed declines in FOMC weeks, and no similar declines in off weeks, but for a much shorter period of time.

Saturday, March 22, 2014

Gold And Silver - For Strong Upside Movement Experts Continue To Be Wrong / Commodities / Gold and Silver 2014

By: Michael_Noonan

From our perspective, the charts reflect the reality of the unreal within the ruling Western elites that continue their financial stranglehold over every Western government, at a minimum, and through their central banks dictating how governments are to rule the governed, aka those enslaved into the system. [We will deal with how charts are the best read, later in the commentary.]

Actually, "the system" is an apt way of describing how the Rothschild formula has spread its dominating tentacles into every aspect of everyone's lives. Formula: Control all the money, control the government. Control the government, control the world. This diabolically simple plan has worked right from the outset. Rothschild was an incredibly astute businessman.

Saturday, March 22, 2014

Suing JPMorgan and the COMEX / Commodities / Gold and Silver 2014

By: GoldSilverWorlds

Ted Butler writes: I’ve had some recent conversations with attorneys who were considering class-action lawsuits regarding a gold price manipulation stemming from reports about the London Gold Fix. I told them that while there is no doubt that gold and, particularly, silver are manipulated in price, I didn’t see how the manipulation stemmed from the London Fix. I wished them well and hoped that they may prevail (the enemy of my enemy is my friend), because you never know – if the lawyers dig deep enough they might find the real source of the gold and silver manipulation, namely, the COMEX (owned by the CME Group) and JPMorgan.

So I thought it might be constructive to lay out what I thought a successful lawsuit might look like, although I’m speaking as a precious metals analyst and not as a lawyer. I’ll try to put the whole thing into proper perspective, including the premise and scope of the manipulation as well as the parties involved.

Saturday, March 22, 2014

Gold and Silver Stocks Failed Breakout Marks Interim Top / Commodities / Gold and Silver Stocks 2014

By: Jordan_Roy_Byrne

Unless you've been living under a rock then you have witnessed the now false breakout in Gold and gold stocks. Our expectation was that the breakout would take Gold to $1420 and the stocks up to their neckline resistance (GDX $30 and GDXJ $51) and then we'd see the first real correction since the December low. Before you send in the hate mail, as some already have, let me remind you that we've emphasized having an exit strategy and last week wrote, "You sit tight until you decide to take profits or something changes." Something clearly changed this week. The breakout was nullified and precious metals will finish this week with a nasty candlestick that implies an interim top.

Friday, March 21, 2014

Ukraine Crisis Implications For Gold / Commodities / Gold and Silver 2014

By: Alasdair_Macleod

There is a fascinating story from Robert Peston, the BBC's business editor about his interview with Hank Paulson, who was the US treasury secretary at the time of the Lehman crisis. Paulson said that he was told by the Chinese that they had a message from the Russians suggesting they club together to drive down the prices of Fannie and Freddie "to maximise the turmoil on Wall Street". The Chinese declined, but in doing so they made sure the Treasury was aware that China and Russia know that between them they have the power to break western capital markets.

Friday, March 21, 2014

Gold Stocks Golden Cross / Commodities / Gold and Silver Stocks 2014

By: Zeal_LLC

The gold-mining sector is on the verge of flashing the fabled Golden Cross buy signal.  This is one of the most powerful and revered indicators in all of technical analysis.  When it arrives after the right conditions, it flags the critical transition from bear to bull markets.  And today’s gold-stock environment is perfect to spawn such a pivotal Golden Cross.  Seeing this milestone will accelerate capital flows back into gold stocks.

Friday, March 21, 2014

Gold and Silver Probability, Predictability, Price and Forecasting / Commodities / Gold and Silver 2014

By: Dr_Jeff_Lewis

Investors and observers watching the drama unfold in the Ukraine should not be surprised at the short price action of the precious metals, mainly gold and silver. Throughout the crisis (and as matter of record with practically every other crisis) the metals are driven down by a system that becomes more sophisticated each day.

The ramifications and consequences of events in the Ukraine and Crimea are dire and easy to imagine. These ramifications radiate and dovetail with the multitude of other potential and current hot spots in other energy strategic areas of the world.

Friday, March 21, 2014

Gold Miners Red Alert Or All Clear? / Commodities / Gold and Silver Stocks 2014

By: GoldSilverWorlds

Its getting really bad when you can’t trust the criminals in power to do what you you think they are going to do!

Thursday, March 20, 2014

Gold & Silver Stocks Breakdown Alert / Commodities / Gold and Silver Stocks 2014

By: P_Radomski_CFA

Briefly: In our opinion short speculative positions in silver (half) and mining stocks (full) are justified from the risk/reward perspective.

The dollar’s rally and the precious metals’ decline were seen right after comments from the Fed about the planned $10 billion cut in asset purchases. They will now amount to “only” $55 billion per month.

The dollar’s rally and the precious metals’ decline had been already seen in the charts and the Fed comments served as a catalyst.

Thursday, March 20, 2014

Gold and Silver - Another Triumphant FOMC Day / Commodities / Gold and Silver 2014

By: PhilStockWorld

There was intraday commentary on the Fed Statement here, and some comments on the nature of the Fed's policy error in the US equity charts and review here.

There is an option expiration for stocks on Friday, and I suspect that call option owners of the mining companies and various related metals products got quite a ride today.

Thursday, March 20, 2014

Bitcoin - My Two Bits / Commodities / Bitcoin

By: David_Morgan

Some have asked our view on Bitcoin, and my response is simply -- I view these things from a Free Market perspective. I have often stated that "The Market knows more than any of us". I would not want to be labeled a hypocrite by stating my conviction that the "real" free market is capable of making decisions that are in the best interest of masses, and then proceed to disparage Bitcoin through a personal bias.

However, I do have a personal bias as to the basic construct of money, or what I would prefer to think of as "real" money. Here the span of history has given us a very clear message that a fair exchange of value for value is the only ethical way for people to conduct a transaction that is mutually beneficial for both parties.

Wednesday, March 19, 2014

Crude Oil Price Remains In Consolidation / Commodities / Crude Oil

By: Nadia_Simmons

Trading position (short-term, our opinion): Short. Stop-loss orders for crude oil and WTI Crude Oil (CFD): $102.95.

On Tuesday, crude oil gained 1.60% after information that a pipeline connecting Oklahoma storage with Gulf Coast refineries will be open sooner than previously expected. Thanks to this news, light crude rebounded, finishing the day above $99 per barrel.

Wednesday, March 19, 2014

Mexico Oil Market About to Break Open for Investors / Commodities / Crude Oil

By: Money_Morning

Kent Moors writes: Marina and I are off again. Early tomorrow morning, I’m making my fourth trip to Mexico City in less than two years.

This time, I’ll be making a major presentation at a Bloomberg advisory session on the recent opening of the Mexican energy markets.

Wednesday, March 19, 2014

China Economy Isn't Slowing Down, It's Buying Up Resources / Commodities / Metals & Mining

By: Metals_Report

Headlines about a Chinese economic slowdown may get good web traffic, but the real story is that China is buying up uranium and other resources around the world, says Gold Stock Trades writer Jeb Handwerger. Meanwhile, tensions in Russia highlight the massive country's resource dominance in natural gas, oil, uranium, platinum group metals, rare earths and nickel. Handwerger tells The Mining Report that North America is already acting to develop resources that can meet both domestic and international demand—and this global geopolitical uncertainty is an investment opportunity.

Wednesday, March 19, 2014

Copper Capitulation / Commodities / Copper

By: Ed_Carlson

Copper lost an additional 4.50% last week bringing the three week loss to a total of 9.68% - the biggest three week drop since October 2011.  Thursday’s intra-day low of 2.99 was only 0.03 from my price target of 2.96.

The Coppock Curve (not shown) has reached a level seen at previous bottoms in copper. Given the proximity of last week’s low to my price target and the explosion of volume in the copper ETF, JJC, I’d say that was the bottom of the decline in copper. However, if 2.96 is broken, all bets are off!

Wednesday, March 19, 2014

Gold and Silver Price Fall on Huge Volume / Commodities / Gold and Silver 2014

By: P_Radomski_CFA

Briefly: In our opinion short speculative positions (half) in silver and mining stocks are justified from the risk/reward perspective.

The precious metals sector declined yesterday, which was likely to happen regardless of many factors pointing to a different conclusion, or simply because the precious metals sector was overvalued. The question is if we (charts courtesy of http://stockcharts.com) think that lower precious metals values are likely:

Tuesday, March 18, 2014

Gold and the Brave New Deviant World / Commodities / Gold and Silver 2014

By: DeviantInvestor

Consider our economic world from two perspectives:

• The Deviant View - as represented by those who visit deviantinvestor.com, read alternate media, are skeptical of the "official" news, and who critically examine the financial world.

Monday, March 17, 2014

Should You Buy Stocks Right Now Or Wait? / Commodities / Gold and Silver Stocks 2014

By: Submissions

Boris Dzhingarov writes: Every player in the stock market realizes that we are faced at real time highs. Whenever something like this is visible, it is hard to realize if it is smart to buy stocks or not. You might end up becoming rich over night or poor as the market crashes. While many believe that corrections will soon appear, others state that it is a great time to buy as markets will continue to grow. So, what are the options that we have?